The Role of Globalization on the Shadow Economy in OECD Countries: Evidence from Method of Moments Quantile Regression

Öz

The current research investigates the effect of globalization on the shadow economy in OECD countries while considering the role of income, vulnerable employment, inflation, and trade openness for the period 1996 – 2018. Considering the possibility that the impact of independent variables may vary throughout the distribution of the shadow economy, the correlations between the variables are studied by the method of moments quantile regression with fixed effects. The results show that the increase in globalization and income decreases the shadow economy size, while the increase in vulnerable employment, inflation, and trade openness increases the level of the shadow economy.

Anahtar Kelimeler

• Globalization
• Shadow Economy
• MMQR

OECD Ülkelerinde Küreselleşmenin Kayıt Dışı Ekonomi Üzerindeki Rolü: Momentler Kantil Regresyon Yönteminden Kanıtlar

Öz

Bu çalışma, 1996 – 2018 dönemi için OECD ülkelerinde küreselleşmenin kayıt dışı ekonomi üzerindeki etkisini gelir, savunmasız istihdam, enflasyon ve ticari açıklığın rolünü dikkate alarak incelemektedir. Değişkenler arasındaki ilişkiler, bağımsız değişkenlerin etkisinin, kayıt dışı ekonominin dağılımı boyunca değişebileceği ihtimali göz önünde bulundurularak sabit etkilerle momentler kantil regresyon yöntemi ile incelenmiştir. Sonuçlar, küreselleşme ve gelir düzeyindeki artışın kayıt dışı ekonomi düzeyini düşürürken, kırılgan istihdam, enflasyon ve ticaret açıklığındaki artışın kayıt dışı ekonomi düzeyini artırdığını göstermektedir.

Anahtar Kelimeler

• Küreselleşme
• Kayıt Dışı Ekonomi
• MMQR

Kaynakça

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